City:

Rensselaer, IN

Rensselaer is a city in the state of indiana with a population of roughly 11,515. It is in Jasper County, Indiana the Chicago-Naperville-Elgin, IL-IN-WI core-based statistical areas (CBSA), and the Chicago-Naperville, IL-IN-WI combined statistical area (CSA).Its Zip codes include 47978 .

The Rensselaer Home Price Trend

Rensselaer is a small town located in the northeast corner of Indiana. The population was just over 5,000 in 2010 and has been slowly growing since then. The town is made up of mostly small businesses and homes. There are a few large businesses, but most of the economy is based on small businesses and agriculture.

Real estate in Rensselaer is dominated by single family homes. There are a few condos and apartments, but they make up a very small percentage of the market. The average home price was just over $130,000 in 2016 and has been slowly rising since then. The median household income was just under $60,000 in 2016 which is lower than the national average but still above average for a town this size.

The real estate market in Rensselaer is stable and there have not been any major changes recently. Most people who live here are happy with their home and the community atmosphere.

Price Index: Gary, IN (MSAD)

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